Alfa Markets is a new binary options broker that is operated by GA International LTD. Alfa Markets is officially located at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. Customer support email address is: firstname.lastname@example.org, and the phone number is: +44 20 3807 0897. For trader complaints read this.
Alfa Markets Review
Alfa Markets give binary options investors a trading platform called Tradologic. Type of binary options available are: Digital, Range, Touch Up/Down, Turbo, One Touch, and Advanced. Additionally they have Forex CFD and 5 ticks trading. Charting is available with candlesticks and multiple increments from one tick to daily charts.
Returns on the various options go from 50% to 80% depending on the time of day. Expiry times are available in five minute increments up too one month. A total of 160 underlying assets are available in categories of Stocks, Currencies, Market Indexes, and Commodities.
There is no mention of the minimum deposit for new accounts or the min trade size, but we see the website is available in French, Italian, Russian and Arabic.
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Alfa Markets License
An important item investors look for in a binary options broker is a licensed from a government financial regulator like CySEC, ASIC or FSB. This is a big determining factor in reviewing a broker to see if they are a scam or a legitimate broker. You can find a complete list of the licensed binary brokers here.
In our review of Alfa Markets, we did not see a license. Their payment processor is Hermes Solution D.O.O., Golubovci B.B. 81000 Podgorica, Montenegro.
What was your trading experience like at Alfa Markets? Please take a few minutes to share your experience with others in the comments below.
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence or is authorised by an Australian financial services licensee and regulated by ASIC.”
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